Cheap Apartments for Rent in North Liberty, IA from $700 (24 Rentals)

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Penn Oaks
3 Bedroom Apartments

Penn Oaks

10 Penn Oaks DrNorth Liberty, IA 52317
  • Utilities Included
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280 S Chestnut St
2 Bedroom Apartments

280 S Chestnut St

280 S Chestnut StNorth Liberty, IA 52317

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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200 Sadler Lane #203
2 Bedroom Apartments

200 Sadler Lane #203

200-285 Sadler LnNorth Liberty, IA 52317
  • Utilities Included
  • Smoke Free
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Melrose Terrace
1 to 3 Bedroom Apartments

Melrose Terrace

425-475 Penn CtNorth Liberty, IA 52317

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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2870 Coral Ct
2 Bedroom Apartments

2870 Coral Ct

2870 Coral CtCoralville, IA 52241
  • Utilities Included
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Western Hills
Studio to 4 Bedroom Apartments

Western Hills

3701 2nd StCoralville, IA 52241
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Willow Ridge
2 Bedroom Apartments

Willow Ridge

611-621 E Lilac StTiffin, IA 52340
  • Utilities Included
property at 2869 Coral Ct

$1,300

2 Bedroom Rentals

Available Aug 1

2869 Coral Ct

CoralvilleIA52241

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

North Liberty, IA Local Guide

Cheapest Neighborhoods for Apartments in North Liberty, IA

Pricing Updated: 06/08/2026

Current apartment rentals in the North Liberty, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for North Liberty Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Creekside Commons$2,042$69511

Cheapest Available North Liberty Apartments for Rent

 

The cheapest available apartment rental in North Liberty, IA is a 2 Beds unit found at Penn Street Place in the Old Mill Creek neighborhood priced from $1,500. 1735 N Jones Blvd in the Old Mill Creek neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,595. Here is today’s list of the most affordable North Liberty apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Penn Street Place2 Bedroom2BR,2BA$1,500
1735 N Jones BlvdLayout 2A2BR,2BA$1,595
Aster Village2 Bedroom Style B12BR,2BA$1,725

Best Value Apartments for Rent in North Liberty, IA

As of June 08, 2026 the best value apartment in the North Liberty area is the $1.44 price per square foot 2 Bedroom Style B1 Model at Aster Village in the in the Old Mill Creek neighborhood starting from $1,725. The second greatest value North Liberty apartment is the Corner Windows Model at Penn Street Place starting at $1,700 with a $1.80 price per square foot in the Old Mill Creek neighborhood. Here is today’s list of the best values for North Liberty apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aster Village2 Bedroom Style B12BR,2BA$1.44
Penn Street PlaceCorner Windows2BR,2BA$1.80
1735 N Jones BlvdLayout 2A2BR,2BA$1.72

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap North Liberty Apartments

What is the lowest price for a Cheap Two Bedroom North Liberty Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Liberty is starting from $1,500 at Penn Street Place.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.